How to withdrawal Employees Provident Fund (EPF) to purchase a house
 
 
Introduction
 
This withdrawal allows you to withdraw your savings in Account II to part finance the purchase of a house as follows :
 
Individual purchase ; or
Joint purchase with spouse, family members or other individuals
 
This withdrawal also allows you to purchase a house from the developer, an individual or public auction.
 
 
Withdrawal Eligibility
 
You are eligible to apply if :
 
1) You are a :
 
Malaysian citizen ;
Non Malaysian citizen with Malaysian Permanent Resident (PR) status ;

Malaysian citizen who has withdrawn your savings under Leaving The Country Withdrawal before 1 August 1995 and subsequently made an election to re-contribute to EPF ; or

Non-Malaysian citizen (Expatriate) who became a member of the EPF before 1 August 1998.
2) You have no reached 55 years of age on the date the application is received by EPF.
3) You still have savings in Account II.
 
 
Conditions For Wihdrawal
 
1) You have purchased a house (house types : bungalow / terrace / semi-detached / flat/ condominium / apartment / studio apartment / service apartment / town house) or a shophouse with a dwelling unit ; and
2) You financed the purchase of the house by obtaining a housing loan from any financial institution approved by EPF OR you purchased the house by cash ; and
3)

You have executed the Sales and Purchase Agreement not more that three years on the date the application is received by EPF ; and           

4)

You have never withdrawn your EPF savings for housing OR You purchased a second house – You have withdrawn your EPF savings for housing before this but you have sold the house and subsequently purchased another house (you must produce the proof of sale of the first house).

5) You wish to purchase a house by way of hire purchase from any authority authorized by EPF.
6) You purchased a piece of land and build a house on it simultaneously (the date of Land Purchase Agreement with House Construction Agreement must be within 6 months).
 
However, you are not eligible to make withdrawal for the purpose of :
 
Purchasing a piece of land or a housing lot only
Renovate, repair or make extensions to an existing house
 
 
Amount Eligible For Withdrawal
 
1) You can withdraw your savings based on the following, whichever is lower :
   
 
Individual Purchase
  The difference between the price of the house and the housing loan with an additional 10% of the price of the house, OR
  The balance available in Account II
   
Joint Withdrawal With Spouse, Family Members or Other Individuals
  The difference between the price of the house and the housing loan with an additional 10% of the price of the house, OR
  The balance available in Account II of all applicants subject to the maximum eligible amount as stated above
   
2) If you obtained a full housing loan (100%), you are eligible to withdraw as much as 10% of the price of the house OR the balance available in Account II, whichever is lower.
  If you purchased a house by cash, you are eligible to withdraw as much as the price of the house with an additional 10% of the price of the house OR the balance available in Account II, whichever is lower.
3) You can choose to determine the amount you wish to withdraw from your savings in Account II, subject to the maximum amount eligible for withdrawal. You will be required to complete “Surat Akujanji Pilihan Amaun Pengeluaran” for this purpose.
 
 
How to apply and the documents required
 
You are required to complete Form KWSP 9C (AHL) and to submit this form together with the original and photocopy of the following documents, whichever is applicable :
 
A) PURCHASE FROM DEVELOPER OR PUBLIC AUCTION
   
 
i) Your Identification Card / Military Identification Card OR The following Identification Card affixed with your right and left thumbprints on its copy :
   
 
i) MyKad
ii) Police Identification Card and a letter from your employer confirming that your police no. and Identification Card no. refer to the same person.
   
ii) Your Personal Savings Account Passbook/Statement or Personal Current Account Statement which is still active ;
iii) Sales and Purchase Agreement (purchase from developer) or Proclamation of Sale (purchase from public auction) containing your name or the names of all applicants for joint purchase and that is executed not more than 3 years on the date the application is received by EPF ; and
   
iv) If you have obtained a housing loan, the following documents are required:
   
 
1) Housing Loan Approval Letter (if the loan approval is less than one year) OR
2) Housing Loan Approval Letter and Housing Loan Agreement / Mortgage Form 16A (if the loan approval has been more than one year)
   
v) If you self-financed the purchase of the house, the following documents are required :
   
 
Purchase From Developer Purchase From Public Auction
Letter from the developer confirming the purchase paid in cash ; and Letter from the developer confirming the purchase paid in cash ; and
Proof of payment of at least 20% from the price of the house ; and Proof of payment of at least 20% from the price of the house ; and
Architect Certificate with not less than 20% of construction progress. Transfer of ownership document such as :
Form KTN 16F (‘Perakuan Jual Oleh Mahkamah’) OR
Form KTN 16I (‘Perakuan Jual Oleh Pentadbir Tanah) OR
Deed of Assignment in your name OR
Declaration letter from you to produce the above-mentioned transfer of ownership document (duly completed within 6 months)
   
   
B) PURCHASE FROM AN INDIVIDUAL
   
 
i) Documents as mentioned under A(i) to (iv) for Purchase From Developer above, and
   
ii)
Individual / Strata Title Has Been Issued Individual / Strata Title Has Not Been Issued
Deed of Title in the name of the seller AND Letter of consent of transfer issued by the Land Office (if there is restriction on the property); OR
Deed of Title in your name.
Letter of consent of transfer from the developer AND Letter of consent of transfer issued by the Land Office/Local Authority if there is restriction on the property) OR
Deed of Assignment in your name.
   
iii) If you self-financed the purchase of the house, the following documents are required :
   
 
Individual / Strata Title Has Been Issued Individual / Strata Title Has Not Been Issued
Letter from the lawyer in charge of the sale and purchase confirming the purchase paid in cash ; and Letter from the lawyer in charge of the sale and purchase confirming the purchase paid in cash ; and
Proof of payment of at least 20% of the price of the house; and Proof of payment of at least 20% of the price of the house ; and
Deed of Title in your name OR
Duly completed Form KTN 14A in your name OR
Form KTN 14A in your name, which has not been processed by the Land Office AND Declaration Letter from you to produce the duly completed Form KTN 14A within 6 months.
Deed of Assignment in your name OR
Declaration Letter from you to produce the duly completed Deed of Assignment within 6 months.
   
   
C) PURCHASE OF LAND AND CONSTRUCTION OF A HOUSE SIMULTANEOUSLY AS A PACKAGE
  (This package includes the cost of purchasing the land and building the house)
   
 
i)

Documents as mentioned under A(i), (ii) and (iv) for Purchase From Developer above, and

ii) House Construction Agreement containing your name or the names of all applicants for joint withdrawal and that is executed not more than 3 years on the date the application is received by EPF ;
iii) Sales and Purchase of Land Agreement containing your name or the names of all applicants for joint withdrawal and the date of agreement is within 6 months with the House Construction Agreement ;
iv) Deed of Title of the land in the name of the seller/land owner ;
v) Power of Attorney, which has been registered with the Court, if the purchase of land and house construction is made using a Power of Attorney ; and
vi) If you self-financed the purchase of the house, the following documents are required :
   
 
1) Letter from the developer confirming the purchase paid in cash ;
2) Proof of payment of at least 20% of the price of the house ; and
3) Architect Certificate with not less than 20% of construction progress
   
   
D) PURCHASE A SECOND HOUSE
   
 
i) Documents as mentioned under paragraph A to C where applicable, and
ii) One of the following documents as the proof of sale of the first house :
   
 
1) Transfer of ownership document Form KTN 14A duly completed by the Land Office ;
2) Deed of Assignment between you and the purchaser ;
3) Deed of Title in the name of the purchaser AND Sales and Purchase Agreement between you and the purchaser ;
4) Real Property Gains Tax Form (CKHT 5) AND Sales and Purchase Agreement between you and the purchaser ;
5) Public Auction Form (KTN 16F or KTN 16I) and confirmation from the bank
6) Transfer of property ownership through a Court Order to any party AND Divorce Papers (for divorced cases) ; or
7) Official Search from the Land Office showing your name and the new owner AND Sales and Purchase Agreement between you and the purchaser.
   
   
Submission Of Application
 
All application forms can be submitted to any EPF office either at the counter or by post :
 
Submission at the counter – enclose together with the original documents and their photocopies.
Submission by post – photocopies of documents must be certified by one of the officers authorised by EPF.
 
 
Certifying Officers
 
Officers authorised by EPF to certify supporting documents to application form are as follows (except for certain documents, which must be certified by the respective officer as stated in the withdrawal form) :
 
EPF Officer :
 
1) EPF Officer (Grade 18 and above)
2) EPF Counter Duties
Applicant’s employer
Justice Of The Peace
Penghulu/Penggawa
Advocates and Solicitors
Government Officers in the Management and Professional Group
State Assemblyman
Member of Parliament
Commissioner of Oath
 
 
Mode Of Payment
 
All withdrawal payments will be credited directly into your bank account subject to the following conditions :
 
You have a bank account with any panel of banks appointed by EPF ;
Your bank account is still active ; and
Your bank account is a Personal Savings/Current Bank Account OR a Joint Account (for withdrawal payment above RM100,000 only)
 
However, if the EPF is unable to credit the payment into your bank account due to reasons such as your bank account is not active or your Personal Identification number does not match, you will be paid by banker’s cheque.
 
(For more information regarding direct payment to your bank account and the list of banks appointed by EPF, please refer to Direct Crediting Into Member’s Bank Account System)
 
Note : After making this withdrawal, you are eligible to withdraw your savings to reduce/redeem the housing loan for the same house once in three years. For further information, please refer to Reduce/Redeem Housing Loan Withdrawal.
 
 
Correspondence Address
 
You are required to furnish your full address in Form KWSP 9C(AHL). Any change of address after submitting this application must be notified to the nearest EPF office
 
 
Enquiries
 
If you have any enquiry or require further information on this withdrawal, please contact the EPF office
 
Any nearest EPF office
EPF Call Management Centre, Tel : 03-8732 6000
E-mail : enquiry@epf.gov.my
 
Please quote your EPF membership number and the type of withdrawal that you have applied for when you contact the EPF. You are encouraged to contact the EPF directly for assistance and advice.
 
 
Attention
 
This information is only a guide. The EPF reserves the right to amend any conditions or request for additional documents if deemed necessary.
 
Source : http://www.kwsp.gov.my
 
 
 
Updated : 12/09/2007 Close Window